Increase Node Yields
Oxy-Fi’s Smart, Sustainable Rewards Mechanism:
A DeFi protocol must balance providing the highest returns possible, with ensuring the longevity of the yield. Oxy-Fi leverages innovations including an intelligent rewards mechanism to provide high yields sustainably.
Our protocol enables holders to increase their returns by holding rewards and owning Oxy-Fi NFTs. We ensure the highest rewards are provided to the most committed members of our community, facilitating one of the most sustainable models in DeFi.
How $OXY holders can increase their node’s yields:
Incentivizing Holders (Diamond-Hands)
Node holders are incentivized to hold on to their rewards with APR boosts that increase exponentially the longer they are held.
Boost Rewards with Oxy-Fi NFTs
There are three types of Oxy-Fi NFT’s, each of which allow holders to boost their returns in a variety of ways. The proceeds and profits from NFT sales are reinvested into the treasury and rewards pool, further improving sustainability of the ecosystem. Each Node can be associated with a maximum of three NFTs. => The increased percentage of a node’s yield is dependent on the level of the associated NFTs:
Upgrade Your Node
=> There are five different tiers of Oxy Nodes, each of which requires an increasing amount of $OXY to create, and each of which respectively provides an increased APR.
"You can upgrade your Oxy Nodes to a higher tier with the rewards you have accumulated (combined with your wallet tokens if required) - just by paying the $OXY difference between the two tiers."
If your $OXY reward amount is lower than the amount required to upgrade to the next tier, then you can use your rewards and wallet tokens to make the upgrade. If your reward amount is higher than the amount required to upgrade to the next tier, the remaining $OXY rewards will be sent to your wallet.
To upgrade your Oxy Node’s tier, you will incur ZERO additional charges or tax. This way, even a lower tier Oxy Node holder can conveniently upgrade to a higher tier with their rewards alone. Oxy-Fi is the first DeFi protocol to empower their holders to upgrade their nodes without any additional charges.
Please Note: APR boosts from holding will reset to the base when a holder claims their rewards or upgrades their node.
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